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RE: Alt-News #7: Eth transactions are 40k % faster & 96% cheaper than BTC / # of Hedge Funds investing in Crypto increasing / Micrsoft releases Confidential Consortium (Coco) / A couple crypto recommendations
Steem sort of fascinates me as a coin because it has a very pronounced use case, the fact that you can power up on steemit and that increases the amount you can award through upvotes. That is one of the things that was a big draw for me to try it out.
Hedge funds I'm not so excited about moving in. They will be those who cry and lobby to get laws that are in their favor and not the "common" folk but it is what it is and the big money is coming in.
Nice to hear about a few alts as well since I was not aware of some of those and it gives me a good starting point to look into them.
Very true. Coins are coins are coins. But Steem has a value-added property attached to it in Steemit which brings stability and a clear "reason" for growth over time. Not to mention the lightning fast transaction times and no/low fee aspects.
In time I suspect more attention will come this way as people really learn and understand how STEEM as a supportive currency here helps so many causes and community initiatives via Steemit.
At the same time you're right - we don't want regulations or lobbying. That defeats the purpose of cryptocurrencies.